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Hi, can anyone help to solve these questions with all the methods required. Thanks in advanced. Question 1 - Demand curve Draw the demand curve

Hi, can anyone help to solve these questions with all the methods required. Thanks in advanced.

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Question 1 - Demand curve Draw the demand curve for orange juice, D1. and a point A (P1. 01) on the demand curve. What happens in each of the following scenarios? Why? A.The price of apple juice increases. B.The price of orange juice fails. C.Consumers' income falls {and orange juice is a normal good). Question 2 - Supply curve Draw a supply curve for apple juice. S1, and a point A (P1. 01) on the supply curve. What happens to it in each of the following scenarios? Why? A. Grocery stores cut the price of applejuice. a. Atechnological advance allows apple juice to be produced at lower cost. C. Grocery stores cut the price of orange juice. Question 3 - Shift in demand and supply Use the three-step method to analyze the effects of each event on the equilibrium price and quantity of orange juice. Event A: A fall in the price of apple juice. Event B: The price of oranges declines because of an abundant orange crop. Event C: Events A and B both occur simultaneously

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